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How To Code RSI Indicator On MQL4 | Expert Advisor



This is a RSI indicator programming video on MQL4. This is a basic programming video for beginners in MQL4. I go over how to program in detail a RSI step by step. This is very basic and can lead to more complicated formulas. Please use the data so you can build upon and make your own formulas better. This will be part of a guide in a programming MQL4 series. The data or formula for this is in my email if you want it please go to my website and send me an email there and I will send it to you. YouTube doesn’t allow me to paste it in here for some odd reason.

In the video this is my first attempt in creating a programming guide so please understand and give me feedback on the video. I will create more as I go that will be more in depth in this MQL4 guide.

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2 Comments

  1. double RSI = iRSI (NULL, 0, 14, 0,0);

    bool RSI_Buy = RSI <=30;

    bool RSI_Sell = RSI >=70 ;

    if(RSI_Buy==true && OrdersTotal()==0)

    {

    int BuyOrder = OrderSend (NULL, OP_BUY, 0.01, Ask, 10,Ask – 1.00, Ask + 1.00 , "0", 123456, 0, clrOrange);

    Print("trade took place");

    }

    if(RSI_Sell==true && OrdersTotal()==0)

    {

    int SellOrder = OrderSend (NULL, OP_SELL, 0.01, Bid, 10, Bid + 1.00, Bid – 1.00, "0", 654321, 0, clrOrange);

    Print("trade took place");

    }

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